CCXAP assigns first-time long-term credit rating of BBBg+ to Chongqing Nan’an Urban Construction & Development (Group) Co., Ltd., with stable outlook | News & Events | China Chengxin (Asia Pacific) Credit Ratings Company Limited

2022.2.17

CCXAP assigns first-time long-term credit rating of BBBg+ to Chongqing Nan’an Urban Construction & Development (Group) Co., Ltd., with stable outlook

Hong Kong, 17 February 2022 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has assigned a first-time BBB_g+ long-term credit rating to Chongqing Nan’an Urban Construction & Development (Group) Co., Ltd. (“CQNA” or the “Company”), with stable outlook.

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CCXAP’s public ratings are available at www.ccxap.com (Rating Results) and may be distributed through media and other means. Methodology used in this rating is the Rating Methodology for China’s Local Infrastructure Investment and Financing Companies dated May 2020, available at www.ccxap.com (Rating Methodologies).